Various regions of the Americas continued to see substantial additions to renewable energy capacity in 2022. According to the International Renewable Energy Agency (IRENA), 2022 saw the addition of approximately 18 gigawatts (GW) of new renewables capacity in South America.[1] Brazil dominated renewable capacity additions in South America. Central America and the Caribbean saw a much smaller increase of capacity, of approximately 400 megawatts (MW), spread over many countries.[2] Mexico, whose recent developments are discussed in more detail below, had approximately 1 GW of new renewable capacity in 2022.[3] This was a lower capacity increase than in previous years. Solar photovoltaic (PV) technology was dominant across the region’s capacity additions, especially in Brazil, Chile, and Mexico, although Brazil also added about 3GW of onshore wind in 2022.[4]
2023 International Arbitration review: Updates and trends
2023 marked a significant surge in activity across diverse sectors such as mining, oil & gas, the energy transition, pharma, and merger disputes. Throughout...